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New article!
The Division 296 tax do-over
9 January 2026
On what was the last business day for many firms before they closed for two weeks (Friday 19 December 2025) for the Christmas/New Year break, Treasury released the Bill for the revised Division 296 – Better Targeted Superannuation Concessions measure.
New Division 296 resources
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The minimum pension payment calculator is free for actuarial certificate clients. It is a valuable tool for accountants, designed to determine the minimum amount trustees are required to withdraw from their SMSF each year to comply with government regulations. These regulations often stipulate a minimum annual withdrawal, usually calculated as a percentage of the pension account balance. The calculator takes into account various factors such as the individual’s age, the account balance, and the applicable rules or legislation to provide an accurate and customized estimate of the minimum pension payment required.
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